An exceptional investment opportunity offering 1,574sqm of vacant land, sold together with a fully operational student accommodation business (R17 000 000) or separate
This property presents significant potential, with the capacity to accommodate up to 100 students once fully developed, making it ideal for investors looking to expand within the student housing market
The site currently includes an existing structure that requires demolition, providing a blank canvas to redesign and maximize the space according to your vision
Whether you choose to modernize, expand, or redevelop, the possibilities are extensive
Perfectly positioned in a convenient area, the property is located close to shopping centres, schools, a police station, medical facilities, and the beach ensuring strong appeal for student tenants
A rare chance to secure a large parcel of land with income generating potential and future development upside